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Don’t miss the latest developments in business and finance.
Alibaba Group sells Paytm stake worth $125 million through block deal
Paytm's stock fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 2:37 p.m. IST
Flipkart digs deep into India's fintech market; clocked 40% growth in 2019
From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.
11.11 UC Shopping Fest: UC Browser partners with Paytm Mall, Paytm First
On November 11, a big treasure box is up for grabs with the opportunity to win the whole 5 listed products for free.
Alibaba takes lead in Paytm's e-commerce biz with fresh $177-mn funding
Move comes nearly a year after Alibaba took a controlling stake in Lazada, reports Tech In Asia
Jack Ma had struck Alibaba-Paytm deal last January
Alibaba president Evans to be on 7-member board, new-look platform by Diwali